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2130/2140 Bay Dr, Miami Beach FL 33141

Commercial For Sale
$13,000,000

BTC: 215.23178808

ETH: 8,152.05463131

New
Waterfront
0 room(s)

Overview

Premier waterfront development opportunity in the heart of Miami Beach. This assemblage consists of two contiguous bayfront parcels totaling 17,918 SF with approximately 108 feet of direct water frontage and two existing multifamily buildings containing 10 income-producing units. The existing cash flow provides holding income while planning and permitting a future redevelopment. Strategically positioned directly across from North Bay Village in one of South Florida's most active redevelopment corridors, surrounded by significant new luxury residential investment. An exceptional opportunity for developers, investors, family offices, and institutional buyers seeking a trophy waterfront land acquisition. Contact Listing Agent for rent roll, survey, and additional due diligence information. Buyer to independently verify zoning, density, and development potential.

Location

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
No Data
Lot:
0.41 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$13,000,000
$3.9M – $13.0M
Confidence Low
List vs. estimate
At estimate
List $13,000,000 · +0.0%
List is in line with recent comparable activity.
Based on
5 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $318K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$18,727
Waterfront
Yes
All facts and features
  • Lot

    • Lot: 0.41 Acres

    Other Property Information

    • Parcel Number: 02-32-10-011-0610

    • Zoning: 3900

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • Annual tax amount: $18,727

  • Source details

    • MLS ID: A12046409

    Other facts

    • Waterfront: Yes

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Beachfront Realty Inc